Parcel and document review
Coordinates the collection and review of available cadastral, title, classification, access, and parcel-related information before a certificate is made available.
Platform in development
About AIA CORE
Infrastructure for the provenance, administration, and redemption of Georgian land-linked rights
AIA CORE is a founder-led platform in development, designed to connect physical land documentation, a Georgian title-holding structure, parcel-specific digital certificates, and a controlled redemption process.
The platform is built around one central principle: blockchain records should support documentary and legal execution, not replace it.
Each ERC-721 Redemption Certificate is designed to be linked to a specific cadastral parcel and to evidence a contractual right to request redemption under the platform terms. A certificate is not land title, a deed, SPV equity, or automatic ownership in Georgia’s Public Registry.
01
What AIA CORE is
AIA CORE is a provenance, administration, and redemption infrastructure for rights linked to Georgian land.
The platform is being developed around a structure in which a Georgian SPV holds registered title to underlying land parcels. Each approved parcel may be linked to a separate ERC-721 Redemption Certificate.
The certificate acts as a digital record and contractual-right layer. It identifies the relevant parcel and gives the verified holder the right to request the applicable redemption procedure.
Redemption remains subject to
- identity verification;
- KYC/AML and sanctions screening;
- legal eligibility review;
- land classification and ownership restrictions;
- transaction documents;
- Georgian registry requirements;
- applicable law.
The blockchain certificate does not replace the legal title recorded through Georgia’s Public Registry.
02
Why it exists
Land transactions involve several separate layers.
A participant may need to review cadastral information, title records, parcel classification, ownership restrictions, transaction documents, taxes, administrative costs, compliance requirements, and the process required to execute a future title transfer.
Digital asset records and physical land records also exist in different legal and technical environments. A blockchain transaction alone does not update the Georgian land registry or complete the legal transfer of a parcel.
AIA CORE is being developed to bring these layers into one documented operating framework:
- 01the physical parcel;
- 02its cadastral identity;
- 03the title-holding structure;
- 04the parcel-linked certificate;
- 05the contractual redemption right;
- 06compliance and eligibility review;
- 07lifecycle and transfer administration;
- 08legal and registry execution.
The purpose is not to remove legal requirements. The purpose is to make the route between documentation, digital records, contractual rights, and legal execution clearer and more verifiable.
03
What the platform does
Title-holding structure
Uses a Georgian SPV structure intended to hold registered title to the underlying parcels before completion of an eligible redemption procedure.
Parcel-linked certificate record
Creates or administers an ERC-721 Redemption Certificate linked to a specific approved cadastral parcel.
The certificate is designed as a parcel-specific instrument. It does not represent a pooled interest in all land held by the SPV.
Lifecycle administration
Maintains the operational connection between the parcel, certificate, holder record, relevant documents, carrying-cost status, and redemption status.
Transfer processing
Supports marketplace transfers and the synchronization of relevant off-chain holder and assignment records.
A transfer of the certificate does not automatically complete a legal transfer of the underlying land.
Redemption coordination
Coordinates the administrative steps required when a holder requests redemption, including document readiness, compliance review, legal eligibility checks, and preparation for Georgian legal and registry execution.
Disclosure infrastructure
Provides public documentation for initial review and controlled access to more sensitive diligence materials where screening, verification, or an NDA may be required.
04
What the platform does not do
AIA CORE does not represent that acquiring a Redemption Certificate automatically makes the holder the registered owner of Georgian land.
The platform does not:
- guarantee an increase in land value;
- guarantee income, yield, or financial return;
- guarantee liquidity or the existence of a future buyer;
- guarantee a secondary market;
- guarantee a buyback;
- guarantee that every holder will qualify for redemption;
- guarantee that a foreign citizen can directly own every category of Georgian land;
- replace the Georgian Public Registry;
- replace notarial, legal, compliance, or registry procedures;
- provide personal legal or tax advice;
- provide equity, dividends, or participation in SPV profits;
- treat the certificate as a share in a pooled land portfolio.
The certificate is designed as a utility-style redemption instrument and does not represent equity, debt, profit participation, or an ownership interest in the SPV.
Its legal classification may vary by jurisdiction and remains subject to applicable law and professional review.
05
How accountability is structured
AIA CORE separates the digital record, physical title, contractual right, and legal execution into distinct layers.
AIA CORE platform layer
AIA CORE develops and administers the platform, documentation framework, certificate lifecycle, disclosure process, holder records, and redemption coordination.
Georgian SPV layer
Under the intended operating model, a Georgian SPV holds registered title to the underlying land parcels.
The SPV title is separate from ownership of an ERC-721 certificate.
Certificate layer
The ERC-721 Redemption Certificate is linked to a specific cadastral parcel and records the holder’s contractual right to request redemption under the platform terms.
It is not itself the registered land title.
Compliance layer
KYC/AML, sanctions screening, source-of-funds review where applicable, wallet-control verification, and legal eligibility checks are required before off-chain redemption execution.
Legal and registry layer
Any final transfer of registered title must be completed through the applicable Georgian legal and registry infrastructure by the holder or their legally authorized representative.
Disclosure layer
Public materials explain the platform at a high level.
More sensitive corporate, legal, parcel, compliance, and transaction materials may be provided through controlled diligence access. Internal operational records and confidential legal materials are not part of the public website.
06
Entity and jurisdiction
Current project status
Corporate information will be completed and published after the relevant entity has been formally registered.
- Platform status
- Platform in development
- Public brand
- AIA CORE
- Legal entity
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- Legal form
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- Jurisdiction of registration
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- Registration number
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- Registration date
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- Registered office
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- Director
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- Official corporate email
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Founder
Ilarii Potskhveriia
Founder & Project Lead
AIA CORE is currently founder-led. Ilarii Potskhveriia leads the development of the platform concept, documentation architecture, operating model, and coordination of the project’s legal, technical, and operational workstreams.
LinkedInFounder profile
Independent specialists may contribute to specific areas where relevant. Such participation does not by itself imply employment, partnership, formal advisory-board membership, or approval of the complete AIA CORE model.
Document-first review
Review the platform
AIA CORE is designed for document-first review. Before making any decision, visitors should review the available information about the platform structure, certificate model, fees, redemption requirements, and material risks.